|Maximize savings, drive improved supplier performance and mitigate risk
Until recently, procurement was a necessary, but seldom celebrated, component of corporations. But times have changed: These days, procurement organizations within companies are playing pivotal roles in the success of global firms in ways that old-fashioned purchasing managers could never have imagined.
Off late, procurement is viewed as a strategic function working to improve the organization’s profitability. Procurement is seen as helping to streamline processes, reduce raw material prices and costs, and identifying better sources of supply.
In the never-ending quest for cost savings, many companies have reduced the number of suppliers they use, consolidated their purchases, and negotiated better prices. So, where can chief procurement officers and other managers now turn for savings? Information technology can play an important role in this.
Attend this webinar to learn how procurement organizations can leverage technology to:
Who should attend this webinar